Trading activities in the Nigerian Equities Market closed negative today, Tuesday (12/09/2023) by 0.80% as the NGX-ASI decreased to 66,760.20 from 67,296.18 recorded at the close of the previous trading day; indicating a YTD return of +30.26%.
Similarly, the market capitalization decreased today by N293.35 billion to N36.538 trillion from N36.832 trillion recorded at the close of the previous trading day, while the market turnover increased to N11.00 billion from N8.3 billion.
The market breadth was negative at 0.34X as 15 stocks advanced and 44 stocks declined, while 55 stocks remained unchanged. CWG topped the gainers’ list with +10.00%, while ETRANZACT declined by -10.00% to lead the losers’ chart.
TRANSCORP recorded the highest volume, while DANGSUGAR recorded the highest value traded for the day.
Read: NGX Price List for Tuesday, 12th September 2023
MARKET STATISTICS
| CAP | N36,538,330,994,468.70 | One Day (ASI CHG) | -0.80% |
| Index | 66,760.20 | One Week (ASI CHG) | -2.30% |
| Volume | 645,540,839 | One Month (ASI CHG) | +2.82% |
| Value | N11,014,473,441.13 | Six Months (ASI CHG) | +20.31% |
| Deals | 10,554 | 52 Weeks (ASI CHG) | +34.53% |
| Gainers | 15 | Losers | 44 |
| Unchanged | 55 | Total | 114 |
| YTD Returns | +30.26% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.80 |
| NGX30 | -0.73 |
| NGXBNK | -2.60 |
| NGXCNSMRGDS | -1.72 |
| NGXINDUSTR | 0.03 |
| NGXINS | -2.31 |
| NGXLOTUSISLM | -0.28 |
| NGXOILGAS | – |
Top 7 Gainers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| CWG | 6.30 | 6.93 | 0.63 | 10.00 |
| VITAFOAM | 22.50 | 24.70 | 2.20 | 9.78 |
| OANDO | 8.45 | 9.25 | 0.80 | 9.47 |
| WEMABANK | 4.70 | 5.12 | 0.42 | 8.94 |
| NEIMETH | 1.58 | 1.71 | 0.13 | 8.23 |
| OKOMUOIL | 250.00 | 263.00 | 13.00 | 5.20 |
| MAYBAKER | 5.00 | 5.25 | 0.25 | 5.00 |
Top 7 Losers
| Security | Previous Close(N) | Close Price(N) | Price Change | % Change |
| ETRANZACT | 9.00 | 8.10 | -0.90 | -10.00 |
| REGALINS | 0.40 | 0.36 | -0.04 | -10.00 |
| NASCON | 52.20 | 47.00 | -5.20 | -9.96 |
| DANGSUGAR | 57.75 | 52.00 | -5.75 | -9.96 |
| UNITYBNK | 1.21 | 1.09 | -0.12 | -9.92 |
| UPL | 2.56 | 2.31 | -0.25 | -9.77 |
| CORNERST | 1.23 | 1.11 | -0.12 | -9.76 |
Top 7 Traded Stocks By Volume
| Security | Close Price(N) | Number of Trades | Volume |
| TRANSCORP | 6.01 | 694 | 87,823,730 |
| UBA | 13.80 | 738 | 75,849,122 |
| ACCESSCORP | 15.35 | 916 | 69,448,221 |
| FIDELITYBK | 8.00 | 477 | 48,322,631 |
| GTCO | 35.00 | 647 | 39,708,684 |
| ZENITHBANK | 33.60 | 800 | 38,323,497 |
| DANGSUGAR | 52.00 | 740 | 26,379,416 |
Top 7 Traded Stocks By Value
| Security | Close Price(N) | Number of Trades | Value(N) |
| DANGSUGAR | 52.00 | 740 | 1,374,736,963.70 |
| GTCO | 35.00 | 647 | 1,326,269,915.50 |
| ZENITHBANK | 33.60 | 800 | 1,249,836,940.00 |
| OKOMUOIL | 263.00 | 93 | 1,206,798,936.40 |
| ACCESSCORP | 15.35 | 916 | 1,052,115,382.55 |
| UBA | 13.80 | 738 | 1,035,979,111.55 |
| TRANSCORP | 6.01 | 694 | 491,690,222.82 |
OUTLOOK
The Nigerian stocks market experienced a loss in today’s market trading to sustain the negative results on the floor of the exchange. However, we expect a mixed sentiment for the remaining days of the week as investors continue to trade on high value stocks.
